Cognitive Biases
Two young fish are contentedly swimming along when they happen to meet an older fish swimming the other way. He nods at them and says, “Morning, boys. How’s the water?” The two young fish swim on for a bit, until one of them looks at the other and asks, “What the hell is water?”
Envy causes pain and unhappiness and can even lead to emotional or physical violence. We slip into envy when we resent others for their achievement or good fortune. There are two types of envy. Malicious envy wants the person who has found good fortune to suffer and to be stripped of their achieveme
Write down and track decisions to improve your judgment over time. If you are not evaluating your decisions, how do you know you are making the right choices? Good outcomes are not a good indicator of a good decision. How much was due to luck? Making good decisions requires practice. If you don’t tr
We are not experts on most things, so why does everyone need to have an opinion on so many issues? It’s very difficult to convince yourself of a new idea if a contradictory idea is already anchored in your thinking. We are too frequently blinded by our own opinions, but we can design decision-making
The more complex the situation, the less you should trust your intuition, which is your brain’s attempt to make decisions based on patterns it recognizes from a lifetime of experiences. Unfortunately, our brains can’t process the level of complexity around us, and our intuition can be dangerous when
Always seek out the truth even if it contradicts the beliefs you hold. Self-deceit and ignorance can harm you.